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Home » Store » News » Investors Want Countrywide MBS Probe

Investors Want Countrywide MBS Probe

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Investors that have purchased more than $26 billion of MBS issued by Countrywide Financial are calling for the Bank of New York, as trustee, to open an investigation of ineligible mortgages in the pool backing the securities. The investors issued binding instructions last week to BNY Mellon as they attempt to...
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